Bitcoin sees record fees in 2024 as halving approaches

2024-4-15 17:53

Quick Take

As the Bitcoin halving draws near, Bitcoin activity is witnessing a significant uptick in fees and hash rate.

Fees

On April 12, Bitcoin recorded its highest one-day fees in 2024, reaching an impressive $11 million. CryptoSlate reported on April 10 that this fee surge had gradually increased since early April.

Fees: Ethereum vs Bitcoin (Source: Glassnode)

Interestingly, Bitcoin and Ethereum fees are starting to converge, with a difference of just $190k on April 14. Ethereum fees on April 14 hit $5 million, the lowest amount since Feb. 5.

Hash Rate

Moreover, Bitcoin’s hash rate continues to trend higher, with a 4% increase in April, reaching an all-time high of 625 eh/s using a 14-day moving average. This continued growth in hash rate is partly due to the Bitcoin halving, which is just days away.

Hash Rate: (Source: Glassnode)

The post Bitcoin sees record fees in 2024 as halving approaches appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 63118.69 (+0.06%)
Объем 24H $32.525b
Изменеия 24h: 6.45 %, 7d: 0.20 %
Cегодня L: $62555.32 - H: $63404.62
Капитализация $1243.048b Rank 1
Цена в час новости $ 63492.15 (-0.59%)

fees bitcoin halving 2024 recorded rate april

Источник: cryptoslate.com

fees bitcoin → Результатов: 126


Why are Bitcoin transaction fees rising, and what are BRC-20 tokens?

Key Takeaways BRC-20 tokens were launched on Bitcoin in March 2023 Transaction fees spiked to all-time highs in May 2023 as network activity spiked Bringing memes and NFTs to Bitcoin has caused controversy Some argue the rising fees are vital to the security of the network, while others scoff at the activity for getting away […] The post Why are Bitcoin transaction fees rising, and what are BRC-20 tokens? appeared first on CoinJournal.

2023-5-24 17:28


Change Wallet: Crypto Company Launches Bitcoin App With Zero Trading Fees

Change, a cryptocurrency company based in Estonia has announced the launch of its commission fees-free mobile application for buying and converting between different virtual assets. The app currently supports Bitcoin, Ether, Ripple, Litecoin and Tether, and is available for iOS and Android to residents of the European Economic Area under the name of “Change Wallet”. […]

2018-7-19 11:28


Фото:

‘Wow’: Ethereum Fees Higher Than Bitcoin’s For First Time Ever

Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week.

2018-7-18 21:00


Фото:

Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever appeared first on CryptoSlate.

2018-7-19 20:00


Фото:

Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever appeared first on CryptoSlate.

2018-7-18 20:00


Фото:

Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45


Чарли Ли: Litecoin может дополнить Lightning Network биткоина

Создатель Litecoin (LTC) Чарли Ли уверен, что его криптовалюта станет отличным дополнением Lightning Network, а сама технология может вскоре стать децентрализованной биржей. Litecoin will also be the easiest onramp onto the Lightning Network.

2018-7-13 08:44


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Vitalik Buterin Baffles Crypto Twitter: Can You Solve His Math Puzzle?

Vitalik Buterin, the enigmatic co-founder of Ethereum, sent shockwaves through the crypto Twittersphere this past weekend with a series of seemingly nonsensical equations. The equations, which defied basic arithmetic (think 2 + 2 = 0), left many scratching their heads and fearing a break in the very fabric of mathematics. However, as it turns out, […]

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?

Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up.

Vitalik Buterin’s RailGun advocacy triggers sharp rise in privacy tokens

Ethereum co-founder Vitalik Buterin emphasized the importance of privacy in crypto transactions amid reports that he used the privacy tool RailGun to obfuscate his transactions. Earlier today, Wu Blockchain, citing Arkham Intelligence’s dashboard, reported that Buterin transferred 100 ETH (approximately $325,000) to RailGun.